Whiting Petroleum Corporation Announces Second Quarter 2018 Earnings Release Date and Conference Call

DENVER–(BUSINESS WIRE)–Whiting Petroleum Corporation (NYSE:WLL) will release its second quarter 2018 financial and operating results on Tuesday, July 31, 2018 after the market closes. A conference call with investors, analysts and other interested parties is scheduled for 11:00 a.m. ET (10:00 a.m. CT, 9:00 a.m. MT) on Wednesday, August 1, 2018 to discuss Whiting’s second [Read More…]

Source: BOE Report

U.S. approves startup of N.Y. Millennium Valley lateral natgas pipe

U.S. federal energy regulators on Mondayapproved Millennium Pipeline's request to start service on theValley lateral natural gas pipeline project in New York. The 0.13 billion-cubic-feet-per-day (bcfd) pipeline willconnect Competitive Power Ventures' (CPV) 680-megawatt ValleyEnergy Center, which entered service in February using diesel asits fuel. CPV has said it will switch to gas once it isavailable. [Read More…]

Source: BOE Report

Global Planned Oil and Gas Pipelines Industry Outlook to 2022 – Capacity and Capital Expenditure Forecasts with Details of All Planned Pipelines

Global Planned Oil and Gas Pipelines Industry Outlook to 2022 – Capacity and Capital Expenditure Forecasts with Details of All Planned Pipelines LONDON, July 9, 2018 /PRNewswire/ — Download the full report: https://www.reportbuyer.com/product/3008635 SummaryIt is noted that the total length of Top 10 Planned Oil and Gas Pipelines in the world is 37,337.0 km with [Read More…]

Source: BOE Report

Plains All American Pipeline, L.P. and Plains GP Holdings Announce Timing of Second-Quarter 2018 Earnings

HOUSTON–(BUSINESS WIRE)–Plains All American Pipeline, L.P. (NYSE: PAA) and Plains GP Holdings (NYSE: PAGP) announced they will release second-quarter 2018 earnings after market close on Tuesday, August 7, 2018 and will hold a joint webcast on the same day as follows: What: Second-quarter 2018 earnings webcast When: Tuesday, August 7, 2018 5:00 p.m. ET; 4:00 [Read More…]

Source: BOE Report

Range Resources Corporation to Add New Independent Directors to Board

FORT WORTH, Texas, July 09, 2018 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE:RRC) and SailingStone Capital Partners, LLC, owner of approximately 17% of Range’s shares outstanding, today jointly announced that they have entered into an agreement for Range to appoint two mutually agreed upon independent directors to its Board of Directors.  Once identified and approved [Read More…]

Source: BOE Report

Vanguard Natural Resources, Inc. Announces Asset Divestiture Update, Amendment to Credit Facility and Borrowing Base Redetermination

HOUSTON, July 9, 2018 /PRNewswire/ — Vanguard Natural Resources, Inc. (OTCQX: VNRR) (“Vanguard,” “VNRR,” or the “Company”) today announced that it has closed the previously announced divestitures in the Permian, Mississippi and Green River basins and has begun marketing its Arkansas properties. Separately, Vanguard has entered into an amendment to its revolving credit facility and completed [Read More…]

Source: BOE Report

Anadarko Increases Share-Repurchase Program By $1.0 Billion And Announces Additional $500 Million Of Debt Reduction

HOUSTON, July 9, 2018 /PRNewswire/ — Anadarko Petroleum Corporation (NYSE: APC) today announced its board of directors has authorized an expansion of the company’s share-repurchase program to $4.0 billion, representing a $1.0 billion increase. The company completed the first $3.0 billion of this program on June 29, 2018. In addition, Anadarko announced a $500 million [Read More…]

Source: BOE Report

Tallgrass Energy Increases Quarterly Dividend and Announces Date for Second Quarter 2018 Financial Results

LEAWOOD, Kan.–(BUSINESS WIRE)–Tallgrass Energy, LP (NYSE: TGE) today announced its quarterly dividend for the second quarter of 2018. The dividend will be paid on Tuesday, August 14, 2018, to shareholders of record as of the close of business on Tuesday, July 31, 2018. The board of directors of TGE’s general partner declared a quarterly cash [Read More…]

Source: BOE Report

Imperial Provides Update on Syncrude Outage

CALGARY, Alberta–(BUSINESS WIRE)–Imperial today provided an update on work to restore production at Syncrude following a power disruption on June 20 that resulted in a complete shutdown of all processing units. There are no shipments of synthetic crude from the operation at this time. Investigation into the cause of the power disruption is ongoing. Indications [Read More…]

Source: BOE Report

Property Divestiture: Convega Energy Ltd.

Convega Energy Ltd. has retained Western Divestments Inc. to divest a 100% operated working interest in its Cessford, property located approximately 200 km from Calgary and 57 km from Brooks, in southern Alberta in T25-R11 W4M. The property consists of 1280 acres of land with P&NG from surface to base Mannville excl. NG in the [Read More…]

Source: BOE Report

Suncor provides update on Syncrude recovery plan

CALGARY, Alberta, July 09, 2018 (GLOBE NEWSWIRE) — Suncor today provided an update on the Syncrude Oil Sands facility following the site wide power disruption on June 20. Preliminary investigation results indicate that the cause of the disruption was a transformer trip in Syncrude’s power house resulting in a rapid site wide loss of power [Read More…]

Source: BOE Report

Rovuma LNG Phase 1 Development Plan Submitted to Government of Mozambique

Two liquefied natural gas trains will each produce 7.6 million tons per year LNG production expected to commence in 2024 Marketing and financing negotiations underway in parallel with government approval process MAPUTO, Mozambique–(BUSINESS WIRE)–Mozambique Rovuma Venture has submitted the development plan to the government for the first phase of the Rovuma LNG project, which will [Read More…]

Source: BOE Report

As Arctic warms, reindeer herders tangle with new industries

When he'snot out on the Arctic tundra with his 2,000 reindeer, his dogand Whitney Houston blasting through his headphones, Nils MathisSara is often busy explaining to people how a planned coppermine threatens his livelihood. Along with other Sami herders and fishermen, the 60-year-oldis in a standoff with the mine owners, Norwegian officials andmany townspeople that [Read More…]

Source: BOE Report

TGS Q2 2018 Revenue Update

ASKER, NORWAY (9 July 2018) – Based on preliminary reporting from operating units, TGS management expects net revenues for the second quarter of 2018 to be approximately USD 158 million, 47% higher than Q2 2017. “Our strong Q2 revenue performance, driven by late sales from our data library, is further evidence of improvement in the [Read More…]

Source: BOE Report